Last week, 11 startups in the European entrepreneurship ecosystem received investment. The headquarters of the startups that received investment were distributed as France, Germany, Ireland, Ukraine, United Kingdom and Luxembourg. 2 startup purchase has been also made.
Investments:
5 France, 2 Germany, 1 Ireland, 1 Ukraine, 1 United Kingdom (UK), 1 Luxembourg
Acquisitions:
1 Germany, 1 Romania
Bonus:
1 Latvia-based unicorn aqcuired a US-based company.
Sectors Received Investments:
2 Cyber Security
1 Quantum Computing
1 Artificial Intelligence
1 Healt Care / E-commerce
1 SaaS
1 Fintech
1 Data Analytics
1 Communication
1 Energy
1 Climate Tech
News of the Week
🎯 API security platform Escape raised funding.
Escape, which provides dynamic application security testing for GraphQL APIs, has raised €3.6 million in Seed funding round, led by IRIS. Frst, Tiny VC, Irregular Expressions, Mehdi Medjaoul and Philippe Langlois also participated in the investment round.
Transaction Type: Investment
Investment Amount: €3.600.000
Investors: IRIS, Frst, Tiny VC, Irregular Expressions, Mehdi Medjaoul, Philippe Langlois
Co-founders: Antoine Carossio, Tristan Kalos
Country: France
🎯 Cybersecurity platform elba raised funding.
Elba, a cybersecurity platform for teams, has raised €2.5 million in its first funding round. The investment round was led by XAnge, with participation from Plug and Play, Angel Invest, Uncorrelated Ventures, Kima Ventures, Eric Fourrier, Jean-Baptiste Aviat and Jason Chan.
Transaction Type: Investment
Investment Amount: €2.500.000
Investors: XAnge, Plug and Play, Angel Invest, Uncorrelated Ventures, Kima Ventures, Eric Fourrier, Jean-Baptiste Aviat, Jason Chan
Co-founders: Théo Rouer, Grégoire Ostian
Country: France
🎯 Quantum computing software Haiqu raised funding.
Haiqu, a quantum computing software company that focusing on development, has raised $4 million in pre-Seed funding round, led by MaC Venture Capital. Toyota Ventures, SOMA capital, u.ventures, SID Venture Partners, Paul Holland, Alexi Kirilenko and Gordy Holterman also participated in the investment round.
Transaction Type: Investment
Investment Amount: $4.000.000
Investors: MaC Venture Capital, Toyota Ventures, SOMA capital, u.ventures, SID Venture Partners, Paul Holland, Alexi Kirilenko, Gordy Holterman
Co-founders: Richard Givhan ,Mykola Maksymenko
Country: Ukraine
🎯 Conversational AI platform Spectrm raised funding.
Spectrm, a a conversational ai-based platform that consumer marketers use to engage and convert customers with AI chatbots on popular messaging apps, has raised $6.5 million. The investment round was led by 3TS Capital Partners, with participation from LHV Global, BDMI, North Base Media and Jens Schumann.
Transaction Type: Investment
Investment Amount: $6.500.000
Investors: 3TS Capital Partners, LHV Global, BDMI, North Base Media, Jends Schumann
Co-founders: Jendrik Höft, Manfred Stellenberg, Max Koziolek
Country: Germany
🎯 Online platform GetHarley raised funding.
GetHarley, an online platform that connects consumers with physicians and personalized skin care products, received an investment of $52 million. The investment round was led by Index Ventures, with participation from Headline, Village Global and Visionaries Club.
Transaction Type: Investment
Investment Amount: $52.000.000
Investors: Index Ventures, Headline, Village Global, Visionaries Clun
Co-founders: Charmaine Chow
Country: United Kingdom (UK)
🎯 Bookkeeping platform Outmin raised funding.
Automated accounting and bookkeeping platform Outmin, has raised €2 million. The investment round was led by Fuel Ventures, with participation from MiddleGame Ventures and KellySan Enterprises Ltd.
Transaction Type: Investment
Investment Amount: €2.000.000
Investors: Fuel Ventures, MiddleGame Ventures, KellySan Enterprises Ltd.
Co-founders: Conor Ryan, David Kelleher, Ross Hunt
Country: Ireland
🎯 Payment operating system Payrails raised funding.
Payrails, which enables high-growth companies to craft their payment experiences and financial services globally, has raised $14.4 million in Seed extension round, led by EQT Ventures. Andreessen Horowitz, HV Capital and General Catalyst also participated in the investment round.
Transaction Type: Investment
Investment Amount: $14.400.000
Investors: EQT Ventures, Andressen Horowitz, HV Capital, General Catalyst
Co-founders: Emre Talay, Nicolas Thouzeau, Orkhan Abdullayev
Country: Germany
🎯 Business forecasting platform Pigment raised funding.
Pigment, a business forecasting platform that deals with business strategy in real-time, has raised $88 million in Series C funding round. The investment round was led by ICONIQ Growth, with participation from Felix Capital, Meritech, IVP and FirstMark.
Transaction Type: Investment
Investment Amount: $88.000.000
Investors: ICONIQ Growth, Felix Capital, Meritech, IVP, FirstMark
Co-founders: Eléonore Crespo, Romain Niccoli
Country: France
🎯 Cloud communications provider Ringover raised funding.
Ringover, which offers a voice-video-chat-SMS-call center communication solution for businesses, has raised €20 million in Series B funding round, led by Orange Ventures and Bpifrance Large Venture, with existing investor Expedition Growth Capital participating.
Transaction Type: Investment
Investment Amount: €20.000.000
Investors: Orange Ventures, Bpifrance Large Venture, Expedition Growth Capital
Co-founders: Jean-Samuel NAJNUDEL, Renaud CHARVET
Country: France
🎯 Bio-enzymatic fuel cells provider BeFC raised funding.
BeFC, which provides Eco-friendly paper-based bio-enzymatic fuel cells for sustainable energy generation, has raised a €16 million in Series A funding round, led by Otium Capital. Demeter, BNP Paribas Développement and Supernova Invest also participated in the investment round.
Transaction Type: Investment
Investment Amount: €16.000.000
Investors: Otium Capital, Demeter, BNP Paribas Développement, Supernova Invests
Co-founders: Jules Hammond
Country: France
🎯 Climate impact verification company SustainCERT raised funding.
SustainCERT, a carbon emissions accounting and verification platform for carbon markets and corporate value chains, has raised $37 million in Series B funding round from Partech, Hartree Partners, Citizen Capital, Innovacom and the Microsoft Climate Innovation Fund.
Transaction Type: Investment
Investment Amount: $37.000.000
Investors: Partech, Hartree Partners, Citizen Capital, Innovacom, the Microsoft Climate Innovation Fund
Co-founders: Marion Verles
Country: Luxembourg
🛒 Printful acquires Snow Commerce.
Print-on-demand drop shipping and fulfillment company Printful has acquired US-based e-commerce company Snow Commerce.
Transaction Type: Acquisition
Investors: Printful
Co-founders: –
Country: United States (US)
🛒 Bento acquired by Linktree.
Category creator Linktree has acquired Bento, which assist creators looking to make a career online by assisting them in identifying and expanding their audience.
Transaction Type: Acquisition
Investors: Linktree
Co-founders: Sélim Benayat
Country: Germany
🛒 euShipments.com acquires Helpship.
E-commerce logistics company euShipments.com has acquired Romania’s e-fulfilment provider Helpship.
Transaction Type: Acquisition
Investors: euShipments.com
Co-founders: Stefan Popa
Country: Romania
Other News:
📌 London-based deep tech VC IQ Capital has announced the final close of its fourth Venture Fund at €187 million (Fund IV), taking its assets under management to more than €934 million.
📌 Munich-based VC firm Yttrium has closed its second growth fund at €403 million. The firmill continue supporting European B2B software and technology companies.
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